Do you feel the criticism OpenAI is getting right now, ChatGPT is getting right now, is fair?
You know, revenue, you know, the conversation about, you know, they may start adding ads in there even though you said that last resort.
I thought that was a funny attack on making fun of them for that. Listen, I saw that Anthropic is very creative on some of the stuff.
Listen, I'm old friends with Elon and I'm longest his company. So now after you merged that I owned a bunch of SpaceX I did before too. I'm also a small investor in Anthropic which is just an extraordinary technology and there's people who are attacking them for various things but I just Anthropic has pulled way ahead in the coding area and I 25 now. I don't know what the there's 380 380 post but that's I think that's even cheap for where they're going because they're just growing so fast and like all of our companies are using this and it's really fun. Like a lot of my smartest friends who are already extremely wealthy and could do anything they want are staying up coding right now because it's so fun what you could do with these tools. It's this crazy time right now.
Are you more long with Anthropic than OpenAI?
Yeah, I'm most long SpaceX next. I'm second most long Anthropic. OpenAI I do think it could possibly have some struggles here, but I don't know. There's obviously it's amazing what they accomplished and they really kind of brought a lot of this to the world. So they get they deserve a lot of credit for I think Elon along with Sam both deserve credit for building that team early on.
No question. It was a nonprofit all and then it turned into profit and then that's where the feud took place between the two of them.
It's unfortunate. I think these feuds are not productive for our society. But I understand where Elon's coming from and I hope they make it work for everyone.
I get his argument. I totally get Elon's argument. Who else are you long with? What else is it that you know? I had a call with my banker. I said, 'Listen, send me the top 10 nuclear companies out there that are finding ways to tap into the nuclear energy.' And then I said, 'Okay.' We looked at some of them, made a decision. We had a call with their and then I said, 'Let's look into these three companies,' which we did, and it's done fairly well. But for you, you're in this world. What else are you seeing?
Yeah. Our friends at Founders Fund have a company with a really talented guy building nuclear fuel as well, making sure we have that in America. It's really important to do and we're looking into that space. It's interesting because Elon says all you need is solar energy which is true at the extreme but I think we did kind of screw up the regulation on the nuclear space and that to be I love the fact that Department of War is trying to do more of that now too. I think it's a good thing to be doing. You know, the areas that I'm most bullish on so in America right now we have $5 trillion of wages in our services economy that's like every type of service. And at about 40% of that and over $2 trillion area, we've already seen you could double or triple the productivity, at least double if not triple the productivity. So this is in companies that we're exposed to. And it's like the back end of a law firm helping it. It's like the back end of logistics payments. It's like healthcare billing. Healthcare billing sounds small and boring. It's 280 billion a year spent on healthcare billing, right?
280 billion. 120 of that's paid to companies. 160 that's internal health systems. It's a massive part of the economy. We already are tripling the efficiency of that. So, what that means is a lot of this stuff's very disinflationary. It's creating a ton of value and these things are just scaling. Like my best healthcare billing company with a bunch of ex Palantir guys, it's going to double from like, you know, probably double to over 100 million revenue this year, but that's still tiny compared to where it's going, right? And as that grows, it's making the whole economy more efficient. So, this is why venture capital is this engine that's like taking these possibilities and fixing stuff to make it cheaper for all of us. So, it's a really positive thing.
Why 11.8 and 8 million in a Nigerian drone company?
Okay. No, you know, there's Listen, the guy running it, first of all, physics Olympian, his co-founder is building another business. These are super talented young men there. As you probably saw, there's a lot of people being slaughtered in Africa, especially a lot of Christians in Nigeria being killed for the wrong reasons. Security all over Africa is a huge deal. One of the main reasons you can't build infrastructure and invest in Africa right now is there's a problem with security everywhere there and you know I happen to know a lot about the defense space. I've started multiple companies here. We felt like these guys were really talented and they could scale a lot of production of doing remote control cars, sentry towers, drones and we thought that some of our US technology as well could partner with them and help them secure Africa. And even if we got rid of the Iranian guys, even if we like make the Middle East somehow of peace, which I hope we do,
Which and by the way, they're good at making drones.
They sell Shahid drones are very good. We have to get really good. We're really good at shooting them now. We're working on it. But basically, even if that's all peaceful, Africa's probably going to be a mess for quite a while. I think helping the good guys there is a good thing to do.
